All Economy
Stocks down amid falling Chinese demandThe Dow dropped 68 points to close at 13170 Tuesday after two reports suggested an economic slowdown in China.
Time to end Washington's trust fund gimmicksIn theory, it makes sense to establish special accounts where designated revenues are set aside for a specific purpose. But in practice, Washington is grossly abusing the idea.
Housing permits jump, but housing starts plummetSingle family housing permits increased a whopping 4.9 percent from last month to 472,000 single family units, but single family housing starts plunged 9.86 percent to 457,000 units.
Income tax refund: five tips for maximizing it People are always looking for ways to get every dollar back they deserve at tax time. Fortunately, there are some smart moves you can make before April 17 to help maximize your income tax refund. Spending a few minutes now will save you time preparing your taxes and can help you get big savings. Here are five tips to get you started:
Money managers are helping each otherIn an unprecedented show of cooperation between firms, money managers are sharing information with one another to construct the best portfolios for their clients
Wendy's beats Burger King for No. 2 spotWendy's beats Burger King to take the runner-up spot for US hamburger chains after No. 1 McDonald's. While Wendy's beats Burger King in terms of restaurant sales, Burger King remains No. 2 in terms of corporate revenue and number of restaurants.
The GOP's tax cut trickWhen Republicans have nothing else to attack, they call for a tax cut. And it works.
10 best cities to buy short sale homes Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale. Instead of waiting to foreclose, a bank preemptively sells a home at a deep discount and closes out the underwater mortgage, even if the house sells for less than the value of the mortgage. The result: Homeowners shed their mortgage debt, and banks unload properties more quickly and inexpensively. Here are the Top 10 metropolitan areas with the biggest average discounts on these pre-foreclosure homes, according to online foreclosure marketplace RealtyTrac. Can you guess which city is No. 1?
Nine cheap things to do outsideIf you can’t find something free and enjoyable to do outside, you’re not trying. Here are some suggestions.
Bankruptcy for TaxMasters, an IRS foeBankruptcy filing by TaxMasters puts focus on its aggressive ads. The Houston firm filed for bankruptcy after Texas' attorney general sued it for misleading advertising, .
Average pay in the UK dropped 5 percent over 10 yearsCompared to other European countries, Britain has had only a modest problem with unemployment, but earnings have dropped considerably.
Stocks rise on Apple dividendThe Dow rose 6 points to close at 13239 on a dividend from Apple, a deal for UPS and the promise of greater demand for U.S. Steel.
Tim Cook shines as Apple CEOTaking over for Steve Jobs would be difficult for anyone, but Tim Cook's leadership of Apple has been workmanlike and highly effective.
We already have a 'Buffett rule' in the tax codeThe alternative minimum tax (AMT) makes sure that high-income citizens may at least a minimum of income tax. It adds enormous complexity to the tax code and increasingly burdens middle-class families, but it would be costly and difficult to replace.
N.Y. Mets owners settle with Madoff trustee for $162 millionThe ownership group of Major League Baseball's New York Mets has agreed to a settlement deal with the trustee trying to recoup billions of dollars in the wake of the Bernard Madoff Ponzi scheme.
Housing market goes flat; shows signs of progressThe latest Housing Market Index (HMI) shows a flattening of most measures in March with the composite HMI index remaining unchanged at 28. The "buyer traffic" index stayed put at 22.
Sweden cash-free? It's getting there.Sweden cash-free moves include public buses, a few stores, and even some bank offices that don't handle cash anymore. But it could take 20 years before consumers see a Sweden cash-free.
AAPL: Apple starts share buybacksApple (AAPL) announced a $10 billion share buyback and a $2.65-per-share quarterly dividend to be paid out going forward. AAPL buybacks are starting out relatively small, but they have room to raise the buyback amount.
UPS to buy Dutch delivery company TNT Express for $6.8 billionAtlanta-based UPS is the world's largest delivery company, while TNT, headquartered in Hoofddorp, Netherlands, is the second-biggest express mail company in Europe behind Germany's DHL.
Investment returns getting lower. How to profit?With investment returns getting lower and lower, professional help in managing portfolios is more important than ever.
